per unit is determined as follows. | | 3 CORRECT | | Newman Corporation produced and sold 80‚000 units and reported sales of $4‚000‚000 during the past year. Management determined that variable expenses totaled $2‚800‚000 and fixed expenses totaled $720‚000. What is the company’s contribution margin ratio? | | | A) | 30% | | | B) | 70% | | | C) | 150% | | | D) | 250% | | | | | | Feedback:The correct answer is A (Learning Objective 3): The company’s contribution margin (CM)
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of evidence Appropriateness – quality of evidence o Inversely related with sufficiency Audit procedures: specific acts performed by the auditor to gather evidence about specific assertions 1. Risk assessment procedures 2. Tests of controls 3. Substantive tests 4. Test of details for the remainder of assurance needed Inspecting Documents Vouching: ( Occurrence) going from journal or ledger to the source documents Tracing: (Completeness) from source documents to the journal or ledger
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Monument 14 by Emmy Laybourne elucidates the obstacles and drama of living in a post-apocalyptic reality pertaining to fourteen kids living in a mall with no adult guidance. A feeling of uncertainty envelops the group as two older men are invited into the store. At first peaceful and friendly‚ the two men lead to problems causing Brayden to get shot. Afterward‚ Jake exits the store to get medicine for Brayden by performing a reconnaissance mission ultimately resulting in the group discovering that
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Unit: Understanding Child and Young Person Development Evidence Ref | | | |Unit/LO/AC |Date of Activity: | |1.1: |Birth – 1 Year
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PSY-452 CLC: Exercise# 3 Between-Subjects Designs Instructions Psychology students need to learn how to look at each factor within a study and the interaction between those factors. This assignment will assist students in learning how to understand this concept: 1) For this assignment‚ you will test the following hypotheses: a) Frequent users of Facebook will have a significantly different level of self-esteem than infrequent users of Facebook. i) Definition of Frequent users- spend 2
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Course Prefix/Number: Course Title: Lecture Hours/Week: Lab Hours/Week: Credit Hours/Semester: ACC 240 Computerized Accounting 3.0 0.0 3.0 Distance Learning Attendance/VA Statement Textbook Information COURSE DESCRIPTION This course is a study of using the computer to design and implement various accounting functions‚ including financial transactions‚ records‚ statements‚ reports and documents. COURSE PURPOSE The purpose of this course is to provide the student with a realistic
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Identify- Identify those events that are economic events. Measure- Measure economic events in financial terms. Functions in group 2: Record- record measurements. Classify- classify measurements. Summarize- summarize measurements. Functions in group 3: Report economic events- report economic events in financial statements and other reports. Interpret financial statements- Interpret the contents of financial statements and other reports. Question 2: Proficient-level: There are many opportunities
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1. State whether the following statements are true or false. Give reasons for the same. i) There are differences in the rate of development of boys and girls. True Tbere are differences in the rate of development of boys and girls. In prenatal period the skeletal system of girls grows faster as compared to boys. Therefore‚ at b i girls are ahead of boys in their skeletal development. The period of puberty is about two years earlier for girls than for boys. ii) Critical periods are the only times
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WEEK THREE LEARNING TEAM B ASSIGNMENT PROBLEM 1-30A OSHEA ENTERPRISES INCOME STATEMENT AT DECEMBER 31‚ 2002 REVENUE $48‚000.00 OPERATING EXPENSES 32‚000.00 NET INCOME (change in Net Assets) $16‚000.00 OSHEA ENTERPRISES STATEMENT OF CHANGES IN STOCKHOLDERS EQUITY AT DECEMBER 31‚ 2002
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96 Balance Sheet 2004 2003 Edwards‚ Inc. has prepared the following comparative balance sheets Cash $198‚000 $102‚000 for 2003 and 2004: Receivables $106‚000 $78‚000 2004 2003 Inventory $100‚000 $120‚000 Prepaid expenses $12‚000 $18‚000 Cash $ 198‚000 $102‚000 Plant assets $840‚000 $700‚000 Receivables 106‚000 78‚000 Accumulated depreciation $(300‚000) $(250‚000) Inventory 100‚000 120‚000 Patent $102‚000 $116‚000 Prepaid expenses 12‚000 18‚000
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